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The Economic Times

Football / The Economic Times

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Greece agrees up to $4 billion US arms deal, sources say

In an ambitious move, Greece is set to allocate $4 billion towards upgrading its fleet of F-16 fighter jets and securing advanced missile systems from the United States. Additionally, plans for 2024 include the acquisition of 20 F-35 fighter jets and 35 Black Hawk helicopters. These enhancements reflect Greece's commitment to modernizing its military amid escalating tensions with Turkey, while managing costs strategically over the coming years.

8 Oct 2026 7:50 pm